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The Real-Time Housing Market Report shows an interesting trend. Housing prices are only down a little over .05 percent.  That's a big improvement over March when the listing prices fell 2.7 percent.  And in 25 markets, only 7 markets fell in asking price.

The largest three-month declines are in Vegas (off 5.1 percent) and Philadelphia (down 4.5 percent.)  But the housing slump appears over in Denver, where listing prices rose 2.6 percent and in Charlotte, up 2.1 percent.  Prices also increased by more than one percent in Boston, Houston, Dallas and San Francisco. Asking prices stayed flat in San Diego, Minneapolis and Salt Lake City.

Research director for Real IQ Stephen Bedikian says, "We are now seeing price stability or price increases in most markets. Only the most troubled markets, Las Vegas, Miami, Tampa, Philly and Phoenix have continued price declines."

Days on market have gone down from 122 in February, to 119 in March to 111 in April, which is also a positive trend. Austin, Texas, sold homes the fastest at 67 days on market.

That means it's time to carefully watch inventory build-up. It's spring so it's natural for more homes to come on the market, but it's begining to look like some markets may have bottomed in February.